Globally, the Smart City market is growing at a rapid pace. Thanks to smart innovations and accelerated by the COVID-19 pandemic, the need for smart and sustainable solutions to urban challenges has been pushed into the foreground, becoming building blocks of government policy all over the world. But what is the market situation in Germany? In short, the Smart City market is booming here in Germany, but that’s not a wild claim; it’s backed up with facts, figures, and well-researched forecasts from respected bodies.
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On the 15th of July, 2021, the German Federal Ministry of the Interior, Building and Home Affairs (BMI) announced the winning cities of the third season of German “Smart Cities Model Projects”. This exciting scheme provides funding to assist selected cities with their digital transformation strategies and smart city projects. The scheme first began in 2019, where 13 German cities were selected for funding. In 2020, the project expanded to provide funding to 32 selected cities, to a total of 820 million Euros.
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On the 8th of September 2020, Horst Seehofer, Federal Minister of the Interior, Building and Community, announced the decision that 32 Smart City Model Projects will be funded with around 350 million Euros in the second round of the national funding programme "Smart City Model Projects". In the first round of last year, 13 Smart Cities were selected and funded with the aim of accelerating urban digital transformation in Germany.
Urban Transformation Smart City Challenge Smart Cities Digital Technologies Innovative Technologies Gelsenkirchen Smart Cities Made in Germany Smart Sustainable Cities Digitalization Model Projects Germany